Growth, Inequality, and Globalization
Growth, Inequality, and Globalization
Theory, History, and Policy
April 1999
Available
Paperback
9780521659109
Two of the world's leading economists, Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), jointly question the conventional wisdom on inequality and growth, and address its inability to explain recent economic experience. Aghion assesses the effects of inequality on growth, and asks whether inequality matters: is excessive inequality bad for growth, and is it possible to reconcile aggregate findings with microeconomic theories of incentives? Jeffrey Williamson then discusses the Kuznets hypothesis, and focuses on the causes of wage and income inequality in developed economies.
- Important and original new research on subject of great international importance
- Philippe Aghion and Jeffrey Williamson are two of the most important economists working today
- This book is the first in the revamped Raffale Mattioli Lecture series
Reviews & endorsements
"Recommended for upper-division undergraduate and graduate collections." Choice
Product details
March 2011Adobe eBook Reader
9780511837500
0 pages
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3 tables
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Table of Contents
- Preface G. Toniolo
- Introduction P. Aghion and J. G. Williamson
- Part I. Inequality and Economic Growth P. Aghion
- 1. Introduction
- 2. Inequality, incentives and growth
- 3. Technical change and the Kuznets hypothesis reconsidered
- 4. Conclusions
- References
- Part II. Globalization and the Labor Market: Using History to Inform Policy J. G. Williamson
- 5. Globalization, labor markets and convergence in the past
- 6. Globalization and the causes of workers' living standard: convergence in the past
- 7. Policy backlash: can the past inform the present?.
